Massive trade finance funding gap ‘stunts economic growth’
by Graham Buck
The estimated $1.5 trillion deficit affects development, investment flows and financial inclusion, says BNY Mellon.
Risk Management
Background
Risk is the potential that a chosen action, including the choice of inaction, will lead to a loss or an undesirable outcome. Any business carries some risk, but some are much more risky than others.…
Read moreSaxo Bank warns of European economic headwinds
by Graham Buck
In its outlook for Q2 of 2019, the Danish online trading specialist sees the next two years as crucial for Europe’s evolution.
Russia promotes alternative to Swift
by Graham Buck
The threat of Western sanctions has seen the country working on its own rival financial messaging network for the past five years.
LME supports blockchain consortium to track global metals
by Graham Buck
The initiative comes as companies face growing pressure to detail the environmental and social impacts of their supply chains.
Norsk Hydro cyberattack exposes supply chain fragility
by Graham Buck
Central technology and automation have become crucial to the metals and mining industry, but also makes companies vulnerable to attack.
Australian SMEs stall on hiring, investment as election nears
by Graham Buck
A survey suggests that concerns over the outcome of the federal election, likely to take place in May, is delaying business decisions.
New liquidity test for Jamaica’s banks
by Graham Buck
The island’s central bank said that elements of both the Basel II and III capital frameworks will be introduced.
Regulatory headaches move to top of treasury risk agenda
by Graham Buck
A survey conducted in North America and Europe suggests that it has become a bigger worry than trade disputes and fraud.
LEI in the European Union
by Jack Large
No-LEI, no trade
Fiserv partners with NationalLink to streamline cash management
by Graham Buck
The cash supply chain management software addresses some of the drawbacks of smart safes.
Citi extends FX pricing and trading engine to Singapore
by Graham Buck
The new trading engine is supported by the MAS and will go live by the end of this year.
UK ‘must maintain anti- money laundering drive’
by Graham Buck
Companies must not relax their AML standards post-Brexit to secure trade deals, says the Treasury Committee.
Neo launches FX Hub management tool
by Graham Buck
The fintech start-up demonstrated its foreign exchange management tool at recent tech events.
China eases foreign exchange controls
by Graham Buck
The move is the latest in a slow but steady policy of economic liberalisation - although not for the property sector.
Bank of England offers more euros to banks as Brexit date approaches
by Graham Buck
Governor Mark Carney warns that EU business are ill prepared for the fallout from a no-deal exit by the UK.
UK ‘not yet ready to go cashless’
by Graham Buck
An independent report predicts that within 15 years, cash will nonetheless account for only 10% of all payments.
US corporate finance executives split on economic outlook
by Graham Buck
Few anticipate outright recession in 2019, but talk of an economic slowdown has increased.
Financial services risk professionals see AI benefits
by Graham Buck
A global survey suggests that artificial intelligence has already brought tangible improvements to the financial services industry.
IHS Markit adds OTC derivatives valuation data for FX
by Graham Buck
The time-stamped data can help firms monitor interest rate, equity, forex, credit, commodity and structured product OTC derivatives.
Moody’s says UK banks can withstand no-deal Brexit
by Graham Buck
The credit ratings agency said banks could weather the storm, despite the financial impact.
US private equity giants look to ease India’s funding squeeze
by Graham Buck
US private equity giant KKR is in talks with Indian banks on potential partnerships to lend to local firms,
Global risk assessment predicts more geopolitical tensions and protectionism
by Graham Buck
Multinationals must contend with growing geopolitical tensions, protectionism and trade disputes, warns Marsh.
EU seeking accelerated adoption of TIPS
by Graham Buck
The European Commission wants more banks to adopt its TARGET instant payment settlement system.
Warning of higher derivatives trading costs
by Graham Buck
Costs could nearly double as markets brace for increased volatility, warns analytics firm OpenGamma.